More IFISA Offerings Available, As P2P AltFi Popularity Grows

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Works Management is one of many media outlets to report the steady progress in understanding and acceptance of alternative financial sourcing of funds for small and medium-sized enterprises. At Money&Co., we put lenders seeking excellent returns on capital together with carefully vetted small businesses seeking funds for growth. It’s a simple idea, but nevertheless one that is considered “alternative”. For now, at least… 


Here’s an excerpt from the Works Management report: “Alternative funding options will be a major theme at Business, Innovation, Efficiency and Technology 2017, hosted at the Amex Stadium in Brighton on 27th April.

“Andy Davis, former editor of FT Weekend and author of the ‘Beyond the Banks’ report on alternative finance, will be one of the industry experts forming an ‘alternative funding panel’ at the free one-day conference, where he will share his expertise with local business leaders.

“Says Davis: ‘The alternative funding market is still small when compared to traditional banks, but it can provide a faster and more flexible option for businesses. For example, it’s a route increasingly used for unsecured loans of £50,000 to £70,000.'”



Current IFISA-Ready Loan Offerings

All our loans – there are currently two on site, available to registered lenders – can be held in an Innovative Finance Individual Savings Account (IFISA or Innovative Finance ISA). The ISA allowance for 2017/18 is increased from last tax year to £20,000, allowing a married couple to put £40,000 into a tax-free environment. Over three years, an investment of this scale in two Money&Co. Innovative Finance ISAs would generate £8,400 of income completely free of tax. To get that return, a pair of higher-rate tax payers would have to find a gross yield of well over 12 per cent.

P2P & Risk

If you haven’t made a loan via Money&Co. before, please read the risk warnings and the FAQ section. You may also wish to consult a financial adviser before making an investment.


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Disclaimer: Money&Co.™ is the trading name of Denmark Square Limited, Company Number 08561817, registered in England & Wales, authorised and regulated by the Financial Conduct Authority (FCA). The company is identified on the Financial Services Register under Reference Number 727325. The registered office is 58 Glentham Road, Barnes, London, SW13 9JJ where the register of Directors may be inspected. Denmark Square Limited (ISA manager reference number Z1932) manages the Money&Co. Innovative Finance ISA.